The company purchased The Habitat, an 85-unit community previously owned by Fowler Property Acquisitions. Cody Hagerman and Greg Fink of Portland-based HFO Investment Real Estate brokered the $15 million transaction.

Out of the nation's 50 largest metros, only 10 have enough new housing supply to keep pace with job growth, according to a new report from Apartment List, indicating that a lack of new construction is contributing to the affordability crisis in many parts of the country.

When I went off to college 40 years ago this September—now there’s a statement that would give anybody pause—my two roommates and I were assigned to a ground-floor dormitory suite that was Spartan, even by 1977 standards.

Stephanie Williams, president of Bozzuto Management Group and co-founder of the Bozzuto Diversity and Inclusion program, discusses why diversity at every level of a company can strengthen relationships with residents.